Global Banded Induction Coil Market Growth 2025-2031

The global Banded Induction Coil market size is predicted to grow from US$ 231 million in 2025 to US$ 279 million in 2031; it is expected to grow at a CAGR of 3.2% from 2025 to 2031.

Banded Induction Coil is a specially designed induction coil, usually made of flat copper strip or copper tube, tightly wrapped with insulating material (such as glass fiber tape or epoxy resin) to form a solid band structure. This design not only improves the mechanical strength of the coil, but also enhances its ability to resist high temperature, corrosion and electromagnetic interference. Banded Induction Coil is mainly used in high-frequency induction heating equipment to heat, melt, weld or heat treat metal materials by generating high-frequency electromagnetic fields.

United States market for Banded Induction Coil is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Banded Induction Coil is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Banded Induction Coil is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Banded Induction Coil players cover ENRX, PIECSA, EltaTech GmbH, AMELT, Inductotherm Group, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Banded Induction Coil Industry Forecast” looks at past sales and reviews total world Banded Induction Coil sales in 2024, providing a comprehensive analysis by region and market sector of projected Banded Induction Coil sales for 2025 through 2031. With Banded Induction Coil sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Banded Induction Coil industry.

This Insight Report provides a comprehensive analysis of the global Banded Induction Coil landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Banded Induction Coil portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Banded Induction Coil market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Banded Induction Coil and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Banded Induction Coil.

This report presents a comprehensive overview, market shares, and growth opportunities of Banded Induction Coil market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Single-Turn Banded Induction Coils
Multi-Turn Banded Induction Coils

Segmentation by Application:
Metal Processing
Automobile Manufacturing
Aerospace
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ENRX
PIECSA
EltaTech GmbH
AMELT
Inductotherm Group
United Induction Heating Machine
Dukinfield Induction
EMCC

Key Questions Addressed in this Report

What is the 10-year outlook for the global Banded Induction Coil market?

What factors are driving Banded Induction Coil market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Banded Induction Coil market opportunities vary by end market size?

How does Banded Induction Coil break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.